JNK, SDP: Big ETF Outflows

By: BNK Invest

Posted: 6/13/2014 12:37:00 PM

Referenced Stocks: JNK;SDP

Looking at units outstanding versus one week prior within the
universe of ETFs covered at ETF Channel, the biggest outflow was
seen in the SPDR Barclays High Yield Bond ETF (
JNK
), where 3.3 million units were destroyed, or a 1.4% decrease week
over week.

And on a percentage change basis, the ETF with the biggest outflow
was the Proshares UltraShort Utilities ETF (
SDP
), which lost 150,000 of its units, representing a 37.5% decline in
outstanding units compared to the week prior.